Requlred Information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on In April. Additional Information a. Raw Materlals Inventory has a March 31 balance of $87,200. b. Raw materlals purchases In Aprll are $518,000, and total factory payroll cost In Aprll is $381,000. c. Actual overhead costs Incurred In April are Indirect materlals, $54,500; Indirect labor, $27,500; factory rent, $36,500; factory utilltles, $23,500; and factory equipment depreclation, $55,500. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $653,000 cash in Aprll. 5-a. Compute gross profit for Aprll. 5-b. Show how the three Inventory accounts are reported on the Aprll 30 balance sheet. Complete this question by entering your answers in the tabs below. Compute gross profit for April. Show how the three inventory accounts are reported on the April 30 balance sheet